Price for Tobacco, Unmanufactured; Tobacco Refuse in Paraguay - 2024

Contents:

  1. Price for Tobacco, Unmanufactured; Tobacco Refuse in Paraguay (CIF) - 2022
  2. Price for Tobacco, Unmanufactured; Tobacco Refuse in Paraguay (FOB) - 2024
  3. Imports of Tobacco, Unmanufactured; Tobacco Refuse in Paraguay
  4. Exports of Tobacco, Unmanufactured; Tobacco Refuse in Paraguay

Price for Tobacco, Unmanufactured; Tobacco Refuse in Paraguay (CIF) - 2022

In 2022, the average tobacco, unmanufactured; tobacco refuse import price amounted to $3,072 per ton, surging by 40% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $3,248 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($4,047 per ton), while the price for Uruguay ($1,133 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tobacco, Unmanufactured; Tobacco Refuse in Paraguay (FOB) - 2024

The average tobacco, unmanufactured; tobacco refuse export price stood at $3,058 per ton in September 2023, waning by -7.2% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 158% against the previous month. As a result, the export price attained the peak level of $3,692 per ton. From July 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4,290 per ton), while the average price for exports to Brazil ($2,500 per ton) was amongst the lowest.

From March 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tobacco, Unmanufactured; Tobacco Refuse in Paraguay

In 2022, the amount of tobacco, unmanufactured; tobacco refuses imported into Paraguay dropped rapidly to 19K tons, which is down by -34.4% compared with the previous year. In general, imports continue to indicate a precipitous slump. The smallest decline of -11.2% was in 2021.

In value terms, tobacco, unmanufactured; tobacco refuse imports dropped slightly to $58M in 2022. Over the period under review, imports faced a sharp setback.

Import of Tobacco, Unmanufactured; Tobacco Refuse in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil52.049.839.939.9-8.5%
Argentina30.721.811.812.9-25.1%
India10.26.42.42.6-36.6%
Uruguay1.31.22.41.54.9%
Malawi6.05.31.60.3-63.2%
Others16.36.82.91.0-60.6%
Total11691.261.158.1-20.6%

Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Paraguay in 2022:

  1. Brazil (9.9K tons)
  2. Argentina (6.8K tons)
  3. Uruguay (1.3K tons)
  4. India (0.8K tons)
  5. Malawi (0.1K tons)

Exports of Tobacco, Unmanufactured; Tobacco Refuse in Paraguay

After three years of growth, shipments abroad of tobacco, unmanufactured; tobacco refuses decreased by -14.6% to 3.7K tons in 2022. Over the period under review, exports recorded a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of 4.5% against the previous year. As a result, the exports attained the peak of 4.3K tons, and then shrank in the following year.

In value terms, tobacco, unmanufactured; tobacco refuse exports contracted to $9.2M in 2022. Overall, exports showed a perceptible decline. The smallest decline of -1.9% was in 2020.

Export of Tobacco, Unmanufactured; Tobacco Refuse in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay6.56.75.04.7-10.2%
Dominican RepublicN/AN/A0.61.3116.7%
Belgium0.70.50.60.6-5.0%
United States1.81.31.30.5-34.8%
Germany0.60.60.60.5-5.9%
Netherlands0.20.40.30.426.0%
South Korea0.30.50.40.410.1%
BrazilN/A0.10.80.10.0%
Others0.40.10.50.614.5%
Total10.610.410.29.2-4.6%

Top Export Markets for Tobacco, Unmanufactured; Tobacco Refuse from Paraguay in 2022:

  1. Uruguay (1547.6 tons)
  2. South Korea (594.4 tons)
  3. Dominican Republic (469.3 tons)
  4. Belgium (213.4 tons)
  5. United States (203.7 tons)
  6. Germany (160.5 tons)
  7. Brazil (147.2 tons)
  8. Netherlands (108.0 tons)

Source: IndexBox Market Intelligence Platform

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